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20130124
20130124
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, saving money on your taxes and boosting your retirement security. here's finra's gerri walsh. >> with washington roiling from one crisis to another, many americans feel uncertain about the impact of changing tax rates and how to achieve retirement security in a fragile economy. but, especially at times like this, workers should focus on what they can control. no matter your tax rate, contributing to a 401(k) can help you save money on taxes and boost your retirement security. your contributions to a traditional plan are not included in your taxable income, and earnings on roth contributions are tax-free. the good news for savers is that in 2013 401(k) limits go up to $17,500, and employees aged 50 or over can contribute an additional $5,500. but, at the end of 2011, the average account balance in 401(k)s nationwide was just under $60,000. if you're not sure you're doing all you can to lower your taxable wages and secure your retirement, finras new 401(k) save the max calculator can help you do the math to find out. i'm gerri walsh. >> tom: join us tomorrow on twitter for a tw
. they need a breather now. they've been on the defense for a year on tax cuts for millionaires, on toughness, shutting down the government, they're not going to compromise. they need to recalbright here, a reset button needs to be pushed and it seems like in every aspect of government. and fight on future spending, not on obligations already incur. >> ifill: in the inaugural address this week, we saw the president lay out his gold for what he wants the next four years-- or the next year at least to be. what is the republican counter to that? >> i think the republicans have recalbrighted their tactics but not their end goals. they're in favor of cutting spending without new revenues. paul ryan this morning said no new revenues. the president has gotten all the revenues he will get. they have doubled down on spending cuts. they say they have a plan that will balance the federal budget in 10 years. you can only do that without revenues if you have really devastating cuts on all kinds of domestic programs and we'll see if they're willing to deliver on that. >> ifill: one democrat today and repub
, there is a joke that has gone around israel for some time that a third of the people pay taxes, a third of the people work, and a third of the people go in the army and the problem is they're all the same third. ( laughter ) what you actually found now is people saying enough. the fact is you had-- bebe made a deal with kadima, created a broadbased government, and they were going to resolve this question of the haridi serving in the military and what the fair burden would be. and a commission worked out something and in the end, the prime minister decided that he felt that the character of that deal just was not one he could live with. i think that came back to haunt him in a fairly big way. so i think, number one, it's sharing the burden in a sense that if the country was going to go to the right the way it appeared to be, there was going to be no sharing of the burden. secondly, i think there is a sense of the main stream in israel feeling, wait, the character of likud, when benny baggan can't qualify for the list, when dan meriddor can't qualify for the list, the people who are on
Search Results 0 to 2 of about 3